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<p>[QUOTE=&quot;imrich, post: 1636496, member: 22331&quot;]<b>USPS Lost Shipment Reimbursement</b></p><p><br /></p><p><br /></p><p><br /></p><p>I believe you&#039;ll find that USPS will allow you to place any value you desire on your shipments, but their regulations are quite specific about &quot;proof of <u>individual shipment&quot;</u> value requirements. It&#039;s reported that package delivery fees are the &quot;cash cow&quot; for the postal system. This link is typical of USPS response for payment of &quot;<b><i>collectible value</i></b><i>&quot;: </i><a href="http://www.cointalk.com/t186728/" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/t186728/">http://www.cointalk.com/t186728/</a></p><p><br /></p><p>Vendors, including the U.S. Mint, seemingly realize that delivery of valuable items through the U.S.P.S. system, even by registered mail. is reportedly unreliable. Reimbursement for &quot;lost&quot; insured items can be a difficult process which doesn&#039;t reimburse at insured value, but at provable &quot;basis value&quot;. </p><p><br /></p><p>I don&#039;t receive any mail at my residence, only at a PO Box, after having some insured shipments &quot;evaporate&quot; some years ago. The postal system is seemingly broken, and I&#039;m constantly negotiating with my local postmaster about my signature confirmation insured packages not being entered into the &quot;tracking system&quot; which I&#039;m told isn&#039;t a &quot;real time&quot; system. I&#039;m told that data is supposedly manually updated within 24 hours. It&#039;s a difficult process receiving the shipments at my &quot;gated&quot; property, but I purchase many expensive items that haven&#039;t been lost, regardless of their minimal insurance coverage by the secondary delivery services. </p><p><br /></p><p>I recently purchased 20 ounces of modern gold coins from a prominent vendor with which I&#039;ve had an account for almost 2 decades. They shipped to my PO Box in the past. They currently &quot;self insure&quot; refusing to use the modern postal system. The coins were delivered by FedEx.</p><p><br /></p><p>My experiences may be abnormal, but associates claim similar experiences. :thumb:[/QUOTE]</p><p><br /></p>

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